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$900 MILLION: Mega Millions lottery jackpot raised just hours after initial estimateReply
That was the only time to my knowledge when they sold more tickets (440 million) than possible combinations. There were several other times that ticket sales exceeded the number of possible combinations before the PB record jackpot. The MM drawing for the 3/30/12 record jackpot had sales of almost $652 million. That was when tickets were just a buck and there were a lot less than 302 million combinations. The 12/17/13 MM drawing had sales of $336.5 million, also at $1 per ticket, for the $6
Oct 18, 2018, 1:37 am - KY Floyd - Lottery News

Multi-state lottery jackpots grow to combined $738 millionReply
I'm surprised they haven't raised the estimate to $400 million annuity to hype the game more. Some may be thinking there's direct financial risk in overstating the jackpot, but from all indications there isn't... Back in 2013, they raised the Powerball jackpot estimate to a round $600 million annuity, but the winner received less; $590 million annuity. About $6 million cash value difference. Shame, the consortium didn't cover the relatively small sum and pay the full advertised amount. Unlike
Aug 11, 2017, 3:02 pm - Ron5995 - Lottery News

New Hampshire Lottery launches $30 scratch-off ticket offering record $3 million top prizeReply
Tucker is right. The cash jackpot is the real jackpot. If a winner chooses the annuity the cash amount of the jackpot is simply invested to pay the annuity. The annuity payout is promoted in advertising jackpots to look better.
Apr 9, 2026, 8:25 am - rcbbuckeye - Lottery News

Are you playing Mega Millions with the $5.00 per play?Reply
The cash value for tonights Measly Millions draw is at $352,800,000 .(Rollover # 35 ) The current cash value record shows the following: #20) Powerball : $425.2 million cash, Jan. 1, 2024 ($842.4 million annuity) - Michigan winner #21) Powerball : $407.2 million cash, Feb. 6, 2023 ($754.6 million annuity) - Washington winner #22) Mega Millions : $404.2 million cash, Sep. 10, 2024 ($800 million annuity) - Texas winner #23) Powerball : $396.2 million cash, Oct. 27, 2018 ($6
Oct 31, 2025, 10:28 am - CDanaT - Lottery Discussion Forum

$1.55 BILLION: Biggest Mega Millions jackpot ever to be drawn TuesdayReply
The way the annuity is set up I don't see why many people older than 56 would take it. They really should offer a choice of annuities with 20, 25 and maybe 30 year flat payments along with the one they offer now. I don't see who, in their right mind, over 60 would want an increasing annuity. The annuity payment structure right now on both PB and MM is very ageist!
Aug 7, 2023, 7:22 am - Think - Lottery News

Joining a lottery club?Reply
When I sold lottery last year most people just asked for whatever drawing it was that night. A few would specify cash option, and if someone didn't I as. If memory serves only one or two wanted annuity and those had a playslip. Can't recall anyone asking for annuity. For the life of me I don't recall if a QP button or annuity button had to be pushed if the player didn't have a playslip. Next time I buy tix I'll have to ask.
Apr 1, 2023, 8:46 pm - rcbbuckeye - Lottery Discussion Forum

Texas LottoReply
Understood. The cash amount ($5.75 mil) is what the state would invest to pay the $10 million annuity. The cash is the real jackpot. The state likes to advertise the annuity because it's a bigger number. At my age, I want the cash amount. Granted, the annuity would be inherited by my kids at my death, but.... they will get a nice chunk anyway with the cash amount.
Oct 30, 2022, 5:58 pm - rcbbuckeye - Jackpot Games Forum

Major claim deadline approaching for Illinois lottery winner of $1.337 billion Mega Millions jackpotReply
My feelings about lump sum or annuity: if you're under 40, you should take the annuity and if you're over 40 take the lump sum. If you take the annuity and die before the last payment, your estate would be responsible for the inheritance tax on the full amount remaining.
Sep 14, 2022, 3:33 pm - TheMeatman2005 - Lottery News

Oregon Lottery Payouts on Jackpot GamesReply
Yeah, I agree with this. There's no way the lottery would pay exactly one-half of any annuity jackpot as the cash value. If interest rates suddenly skyrocketed then the cash value might be less than half of the advertised annuity, in which case the Oregon Lottery would be overpaying you if they did a flat 50% payout. And we know that would never happen. When you choose the cash value, you are always paid the cash on-hand from actual ticket sales that would have been invested in order to gener
Aug 28, 2021, 11:35 am - Todd - Jackpot Games Forum

Question about MM/PB 2nd Prize amountReply
MM and PB second prize is lump sum only, whether it's 1 million or higher with the multipliers. The jackpot can be paid as an annuity or as lump sum cash, whichever the winner chooses. The cash prize is actually the amount that would be needed to buy the annuity to be paid over the life of the annuity.
Dec 12, 2019, 11:16 pm - rcbbuckeye - Lottery Discussion Forum